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Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Govt capex to rise 25 pc to Rs 3.9 lakh crore by FY'20

The tax-GDP ratios are projected to be 11.6 per cent in 2018-19 and 11.9 per cent in 2019-20.

10 Aug 2017 1:54 PM IST

The total expenditure was Rs 11.50 lakh crore as against the governments estimate for the current fiscal at Rs 19.78 lakh crore. (Representational Image)

Fiscal deficit at 79.3 per cent of BE in Apr-Oct

Revenue deficit during seven months stood at Rs 3.27 lakh crore, or 92.6 per cent of BE for 2016-17.

30 Nov 2016 6:11 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

GDP rises 7.3% in Q2; uncertainty looms due to demonetisation

Country also recorded a 3.3 per cent growth in agriculture sector.

30 Nov 2016 5:50 PM IST

Supreme Court of India. (Photo: PTI)

Government tells Supreme Court: Note ban a bold move on black money

The apex court is to hear a batch of petitions on Friday challenging demonetisation.

25 Nov 2016 1:48 AM IST

Old Rs 500 and Rs 1000 notes placed in an order that reads BAN in New Delhi. (Photo: PTI)

Note ban: Relieve pain of rural India

Agricultural labourers also suffered as employers had no cash to pay salaries.

25 Nov 2016 12:23 AM IST

The Niti Aayogs vision document is the blueprint of the proposed 15 Year Plan period and consists of short, medium and long-term suggestions till 2030.

Make in India' losing appeal?

The Niti Aayog has suggested in the vision document that the Centre should focus more on the railway and highway...

23 Jan 2017 6:24 AM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

A lot needs to be fixed if GST is to benefit all

The just-launched Goods and Services Tax is meant to squeeze more out of our recalcitrant corporates and businessmen.

15 July 2017 2:14 AM IST

Union Economic Affairs Secretary Shaktikanta Das (Photo: PTI)

Rating agencies far from India's ground realities: Das

India believes it compares favourably with other emerging countries on metrics such as default risk.

6 May 2017 2:21 PM IST

Manufacturing has been a key contributor to countrys GDP.

New IIP series with 2011-12 base year from May 9

New series for IIP will be launched by Chief Statistician T C A Anant.

2 May 2017 7:47 PM IST

Deepak Parekh of HDFC.

Deepak Parekh slams poor ratings to India's economy

Parekh wonders how country with strong fundamentals on economic and political fronts can be rated so low.

1 May 2017 6:52 PM IST

Finance Minister Arun Jaitley

Govt to meet 3.5 pc fiscal deficit target for FY17: CGA

Finance Minister Arun Jaitley in Budget had set fiscal deficit target at 3.5 per cent for FY17.

1 May 2017 3:59 PM IST

Prime Minister Narendra Modi gestures as he delivers a speech after the awards ceremony of National Awards for Excellence in Journalism, in New Delhi. (Photo: PTI)

Safeguard poor, bring India back on track...

Fifty-four out of 180 million rural households (30 per cent) own no land and survive on manual labour.

20 Jan 2017 6:26 AM IST